Please tell me ans.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 April 2014
A purchase plant and machinery from " B " at 2500000/- secound hand B used it for scientific research purpose
carryout by him during last 3 years
cal allowable dep that mr "A" can claim on said machinery
with explanation
carryout by him during last 3 years
cal allowable dep that mr "A" can claim on said machinery
with explanation
20 April 2014
Depreciation cannot be claimed if the asset is used for scientific research purpose.
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